24/7 Market News Snapshot 16 January, 2025 – MicroCloud Hologram Inc. Ordinary Shares (NASDAQ:HOLO)
DENVER, Colo., 16 January, 2025 (247marketnews.com) – (NASDAQ:HOLO) are discussed in this article.
MicroCloud Hologram Inc. is experiencing a remarkable surge in its stock price, with shares opening at $2.05 and currently trading at $2.34, representing a significant gain of 23.81% from the previous close of $1.89. This increase is accompanied by a substantial trading volume of 22.57 million shares, indicating heightened investor interest and confidence in the company’s future potential. The strong market momentum reflects positive sentiment surrounding MicroCloud’s innovative technology, particularly in the realm of holographic solutions.
Concurrently, the company has made significant strides in the field of data security with the introduction of a groundbreaking quantum bit rotation-based single-ternary quantum homomorphic encryption (QHE) protocol. As data privacy concerns intensify in today’s digital landscape, MicroCloud’s QHE protocol addresses these challenges by utilizing quantum bits which capitalize on the unique properties of superposition and entanglement. This state-of-the-art encryption method simplifies key management through the application of classical angles, thereby enhancing usability and flexibility in data handling.
The practical applications of the QHE protocol are extensive, especially in sectors such as e-commerce, where it ensures that user data is effectively secured during complex transactions and in multi-node storage systems. Furthermore, MicroCloud’s dedication to data protection extends to sensitive corporate information, safeguarding vital aspects of business operations.
In addition to the QHE, the company has also unveiled the Quantum Privacy Query (QPQ) protocol, which enhances privacy without sacrificing efficiency. This innovative approach cloaks query requests, thus facilitating faster, private access to information across various industries, including healthcare and finance.
MicroCloud Hologram Inc. is poised at the forefront of quantum technology, continually striving to tackle the emerging challenges of data privacy while unlocking new possibilities for innovation in the big data era.
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